XML 51 R33.htm IDEA: XBRL DOCUMENT v3.26.1
Non-controlling Interest
12 Months Ended
Dec. 31, 2025
Non-Controlling Interest [Abstract]  
Non-controlling Interest
25.
Non-controlling interest

 

 

 

Hepsiburada

 

 

Other

 

 

Total

 

Country of operation

 

Türkiye

 

 

 

—

 

 

 

—

 

Non-controlling interests share

 

 

 

 

 

 

 

 

 

As at 31 December 2023

 

 

—

 

 

 

—

 

 

 

—

 

As at 31 December 2024

 

 

—

 

 

 

—

 

 

 

—

 

As at 31 December 2025

 

 

24.04

%

 

 

—

 

 

 

—

 

Net (loss)/income attributable to Non-controlling
   interest

 

 

 

 

 

 

 

 

 

For the year ended 31 December 2023

 

 

—

 

 

 

7,419

 

 

 

7,419

 

For the year ended 31 December 2024

 

 

—

 

 

 

17,095

 

 

 

17,095

 

For the year ended 31 December 2025

 

 

(21,672

)

 

 

16,202

 

 

 

(5,470

)

Total comprehensive (loss)/income attributable to
   Non-controlling interest

 

 

 

 

 

 

 

 

 

For the year ended 31 December 2023

 

 

—

 

 

 

7,620

 

 

 

7,620

 

For the year ended 31 December 2024

 

 

—

 

 

 

17,428

 

 

 

17,428

 

For the year ended 31 December 2025

 

 

(11,819

)

 

 

15,413

 

 

 

3,594

 

Non-controlling interests

 

 

 

 

 

 

 

 

 

As at 31 December 2024

 

 

—

 

 

 

55,637

 

 

 

55,637

 

As at 31 December 2025

 

 

53,186

 

 

 

56,548

 

 

 

109,734

 

 

The following is condensed financial information for the Hepsiburada for the year ended 31 December 2025:

 

 

 

2025

 

CONDENSED STATEMENT OF FINANCIAL POSITION

 

 

 

Current assets

 

 

350,073

 

Non-current assets

 

 

349,232

 

Total assets

 

 

699,305

 

Current liabilities

 

 

394,005

 

Non-current liabilities

 

 

84,062

 

Net assets

 

 

221,238

 

CONDENSED STATEMENT OF OPERATIONS

 

 

 

Revenue

 

 

1,036,582

 

Net loss

 

 

(68,034

)

Total comprehensive loss

 

 

(68,075

)

CONDENSED STATEMENT OF CASH FLOWS

 

 

 

Cash flows from operating activities

 

 

128,285

 

Cash flows from investing activities

 

 

35,142

 

Cash flows from financing activities

 

 

(109,023

)

Effect of changes in foreign exchange rate on cash and cash equivalents

 

 

(25,331

)

Cash and cash equivalents, beginning of period

 

 

104,237

 

 

 

 

 

Cash and cash equivalents, end of period

 

 

133,310

 

 

 

 

 

Dividend paid to non-controlling interests

 

 

—